OTC trading volumes picked up in April after a slow month in March. The increase in price over the final two weeks of April resulted in larger trade sizes and a significant uptick in our overall OTC trading volume.

In parallel with the price increase on the exchange market, our OTC desk saw added pressure from buyers late in the month with most trades executing at a premium to our market price (see our Executions vs. Spot Price chart in the infographic above).

Crypto asset trading involves a high degree of risk. The crypto asset market is new and unproven and may
not grow. Currently, there is relatively small use of crypto assets in the retail and commercial
marketplace in comparison to relatively large use by speculators, thus contributing to
price volatility that could adversely affect an investment in crypto assets. In order to
participate in the trading of crypto assets, you should be capable of evaluating the
merits and risks of the investment and be able to bear the economic risk of
losing your entire investment. No material at this site should be considered
as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin or other crypto assets.